Evaluating Decision Support Systems Projects
- Does your company create budgets for DSS and IS/IT projects?
- Are managers involved in evaluating proposed DSS projects?
- Does your company have operations in more than one country?
- Are cultural and International issues considered in evaluating DSS projects?
- Is an evaluation checklist used?
Questions for Review
- What are five tools or methods to evaluate DSS?
- What is involved in a Cost/Benefit Analysis?
- What are the International/Cultural issues that impact DSS?
- What evaluation method attempts to reduce risk by requiring prototyping?
- What evaluation tool and approach attempts to estimate what decision-making will be like when a proposed DSS is in place and hence speculate on how the company will benefit?
- What do we call the resources that have already been expended on a project?
- When benefits equal costs the Benefit/Cost ratio is equal to what number?
- What do we call the calculation of how much a dollar of costs or benefits is worth today, even though it will be realized in the future?
- Evaluating DSS projects should involve evaluation activities that are proportionate to what three factors?
Questions for Further Discussion
- What type of DSS project should be evaluated most critically?
- How do Decision Support Systems impact authority and potentially national sovereignty?
- How important is it to examine the technological risk associated with a project?
- How is the risk of an individual DSS project related to the risk of all current IS/IT projects? Should we try to balance risks?
- What problems does one face in trying to justify DSS investments?
- What are obstacles to using technology to create DSS for global corporations and globally distributed DSS?